Index > Briefing
Back
Wednesday, February 04, 2015
ANBOUND: How to View the Record-high Deficit in China's Capital Account
ANBOUND

The preliminary data in recent Balance of International Payments reveal that there is a record-high deficit in China's fourth quarter capital and financial projects, leading to an overall-year’s current account surplus and capital account deficit. ANBOUND research team believes that the soaring deficit in capital account will further put pressure on RMB’s depreciation, therefore engendering the need of preventing "moderate" depreciation from enlarging into speculative attack. In the incoming era of capital net export, the regulators and market should actively adapt to the status of “trade deficit and capital outflow” which will become a new normal.

Copyright © 2012-2025 ANBOUND